Morningstar Investment Services LLC increased its stake in shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) by 73.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,203 shares of the company’s stock after buying an additional 17,803 shares during the period. Morningstar Investment Services LLC’s holdings in Twenty-First Century Fox were worth $1,196,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. increased its stake in Twenty-First Century Fox by 3.5% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,495 shares of the company’s stock valued at $146,000 after buying an additional 151 shares during the last quarter. State of Alaska Department of Revenue increased its stake in Twenty-First Century Fox by 4.8% in the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock valued at $123,000 after buying an additional 200 shares during the last quarter. Capital One National Association increased its stake in Twenty-First Century Fox by 1.5% in the first quarter. Capital One National Association now owns 14,093 shares of the company’s stock valued at $456,000 after buying an additional 202 shares during the last quarter. Nordea Investment Management AB increased its stake in Twenty-First Century Fox by 0.5% in the first quarter. Nordea Investment Management AB now owns 54,956 shares of the company’s stock valued at $1,780,000 after buying an additional 270 shares during the last quarter. Finally, Fifth Third Bancorp increased its stake in Twenty-First Century Fox by 6.2% in the first quarter. Fifth Third Bancorp now owns 4,959 shares of the company’s stock valued at $161,000 after buying an additional 291 shares during the last quarter. Hedge funds and other institutional investors own 53.79% of the company’s stock.

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) opened at 28.21 on Tuesday. The stock has a market capitalization of $52.30 billion, a PE ratio of 17.79 and a beta of 1.27. Twenty-First Century Fox, Inc. has a 52-week low of $23.33 and a 52-week high of $32.60. The stock’s 50 day moving average price is $28.20 and its 200-day moving average price is $29.32.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.35 by $0.01. The firm had revenue of $6.75 billion for the quarter, compared to analyst estimates of $6.79 billion. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. Twenty-First Century Fox’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period last year, the company earned $0.45 earnings per share. On average, equities analysts expect that Twenty-First Century Fox, Inc. will post $2.03 EPS for the current fiscal year.

The business also recently announced a semiannual dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, September 13th will be issued a dividend of $0.18 per share. This represents a yield of 1.29%. The ex-dividend date is Tuesday, September 12th. Twenty-First Century Fox’s dividend payout ratio (DPR) is 22.64%.

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Several equities research analysts recently commented on FOXA shares. Rosenblatt Securities upgraded Twenty-First Century Fox from a “neutral” rating to a “buy” rating and set a $33.00 price objective for the company in a report on Thursday, May 11th. Pivotal Research reiterated a “buy” rating and issued a $37.00 price objective (up from $36.00) on shares of Twenty-First Century Fox in a report on Sunday, April 23rd. ValuEngine upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Thursday, May 11th. Jefferies Group LLC reiterated a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a report on Friday, May 12th. Finally, Instinet reiterated a “buy” rating and issued a $35.00 price objective (down from $37.00) on shares of Twenty-First Century Fox in a report on Thursday, May 11th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nineteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $33.23.

About Twenty-First Century Fox

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

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Institutional Ownership by Quarter for Twenty-First Century Fox (NASDAQ:FOXA)

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